China Energy Enters Brazil With 93-MW Solar Deal

• CEEC Brazil snaps up a 93.4‑MWp solar park for BRL 520m, marking China Energy’s Brazil solar debut and fueling expansion as European Energy and Impact Fund Denmark recycle capital.

China Energy’s local investment arm, CEEC Brazil, has acquired a 93.4-MWp solar park from Danish renewables developer European Energy A/S and Impact Fund Denmark, in a deal valued at BRL 520 million (USD 97.2 million; EUR 84.3 million). The transaction gives CEEC Brazil control of the asset as part of its expansion strategy.

The purchase marks China Energy’s entry into Brazil’s solar market, adding utility-scale capacity amid rising demand for renewable power in Latin America’s largest economy. For European Energy and Impact Fund Denmark, the sale crystallizes value and recycles capital for new projects, underscoring ongoing cross-border deal activity in global clean energy.

What PPAs, location, and timeline define CEEC Brazil's 93.4-MWp acquisition?

• PPAs: Offtakers and contract tenors were not disclosed; CEEC Brazil is expected to assume any existing bilateral agreements, with no public indication of an ACR (regulated-market) contract.
  
• Location: Exact state/municipality was not specified; only described as a single-site, 93.4-MWp utility-scale solar park in Brazil.
  
• Timeline: Signing announced with a BRL 520 million deal value; closing subject to customary approvals with no public closing date; no commissioning/operational status or COD disclosed.